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RE: IS BITCOIN DEAD? Dave's Crypto Sep 22, 2017 - davescrypto.com
Bitcoin is just getting started. For it to become a reliable fiat replacement, it will take much longer time for its price to rise and stabilize before reaching a steady state. Buy and hold Bitcoin and don't sweat over its daily price fluctuation.
Yes! We just saw a big rise in the last 24 hours, nearly 20% and about 51.65% in the last week...it will fall and then go back up. So, long-term is best. The point I was making is that BTC, with its high fees, will not be what people use for daily, small purchases, but rather a store of value and maybe for large purchases (unless something major changes). It will be another coin with lower fees for the daily things.